New Maruti Swift: Know details of loan, EMI and interest rate

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New Delhi. Last month, Maruti Suzuki Swift broke the old sales records and became the best selling car in India. It beat many of Maruti’s top selling models in terms of sales. According to the information, people are liking Maruti Suzuki’s new Swift a lot, due to which its sales have increased.

Thousands of people in the country finance their cars every month. If you are also thinking of buying Swift on finance, then we are going to tell you all the details of loan, EMI, interest rate and down payment on the base and top models of Swift.

new swift price
Before knowing the finance option of the new Maruti Swift, let us tell you some details related to its price and features. The new Swift has been launched at a starting price of Rs 6.49 lakh. At the same time, the price of its top model goes up to Rs 9.64 lakh (ex-showroom). Swift has a new 1.2 liter petrol engine, which generates 82 PS of power and 112 Newton meter torque. The mileage of the manual variants of the new Swift is up to 24.8 kmpl and the mileage of automatic variants is up to 25.75 kmpl.

Maruti Swift Swift LXI: Loan and EMI options
The on-road price of the base model LXI of the new Maruti Suzuki Swift is Rs 7.28 lakh. If you buy it by paying a down payment of Rs 1 lakh, you will have to take a loan of Rs 6.28 lakh. If the bank charges 9.20 percent interest on this amount, then the monthly EMI on a 5-year car loan will be Rs 13,108. In the period of 5 years, you will pay Rs 1.58 lakh as interest.

Maruti Swift ZXI: Loan and EMI options
The on-road price of the new Maruti Swift ZXI manual is Rs 9.25 lakh on-road. If you make a down payment of Rs 1 lakh, you will have to take a loan of Rs 8.25 lakh. If you finance the car for 5 years and if the interest rate is 9.20 percent, then the monthly installment will be Rs 17,206.

If you finance this car, you will have to pay approximately Rs 2.07 lakh as interest in 5 years. Contact your nearest Maruti dealership before financing both models of the new Swift.

Tag: auto news, maruti suzuki

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